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Product Manager

Vestwell

Vestwell

Product
New York, NY, USA
Posted on Thursday, June 8, 2023

Who Are We?

There are over 30M small businesses in the United States, but only a tiny fraction of them have a workplace savings program in place. As the savings gap in the country widens, it’s imperative that every worker has access to and participates in their company’s savings program, such as a 401(k) or 403(b). We believe that American workers should have easy access to an inexpensive, flexible, and intuitive solution to save for a brighter future.

Unfortunately, prior to Vestwell, small businesses have been neglected and underserved, with expensive, inflexible, poorly designed offerings built on old, mainframe software. Vestwell is changing that, starting with rebuilding the core infrastructure for the modern era.

Vestwell’s north star is to be the engine behind a $30T industry, powering all payroll-deducted workplace savings programs for small-to-midsize businesses, such as 401(k), 403(b), IRA, emergency savings accounts (ESA), health savings accounts (HSA), 529 college savings, and alike.

Vestwell’s focus is to build the most flexible, powerful workplace savings and investment platform, delivered through the hands and minds of their financial services partners with the help of payroll provider partners. The team at Vestwell makes the hard stuff look easy, by combining the expertise of financial advice with the sophistication of a technology provider.

As a result, workplace providers are able to bestow the advice and solution employers and employees have been asking for, while growing and scaling along the way. Employers get a cost-effective solution designed for their needs without all the headaches, and employees get a user-friendly portal that helps them achieve their long-term saving goals.

Why Vestwell?

With backing from leading FinTech investors, as well as a growing team of dedicated professionals of strong industry pedigree, Vestwell is at the forefront of a much-needed change in a 40-year old industry. Our team believes in the mission we’ve set out to achieve and we are working hard to get there. We’re ambitious, honest, thoughtful, and fun.

Who are we looking for?

Vestwell is expanding and we’re keen to add an amazing Product Manager to our team who’s passionate about changing the retirement industry. We’re looking for someone who loves to solve problems and is driven to build great products. You will work on several exciting new initiatives - translating company goals into focused projects, actionable steps, and a living backlog of work to be done. You will help refine and execute a product vision, improve engineering project management processes, and implement external/internal product communication and feedback channels.

You are someone who will dive into whatever creative challenge is placed in front of you, as you’ll have your hand in any and all of the following: product requirements, functional requirements, acceptance criteria, test cases, wireframes. Your job requires an amazing relationship with operations, engineering, QA, and business stakeholders to deliver new product features that meaningfully impact the growth of our product.

What will you be doing?

  • Understand high-level strategic plans and stakeholder needs; identify opportunities; and translate into buildable features with clear intended impact

  • Establish a roadmap for your product area; effectively prioritize projects, communicate and defend decisions

  • Partner with engineering to break down product requirements into stories and provide functional requirements/acceptance criteria

  • Assist QA team in documenting and executing test cases to ensure test coverage and a high level of product quality

  • Complete functional testing and provide product sign-off when features are ready for deployment

Requirements
The Necessities

  • 4-7 years of Product Management experience

  • Exceptional business and systems analysis skills

  • Ability to thoroughly understand and document business/functional requirements and possible business use cases

  • Understanding and ability to drive the software development lifecycle in an Agile environment - including conducting stand-ups, retrospectives, and other Agile ceremonies

  • Ability to work in a fast-paced, project-oriented environment and meet deadlines under tight time constraints

  • Ability to work independently as well as collaboratively within a team environment consisting of Product, Engineering, and QA resources

  • Excellent communication skills, both in verbal and written formats

The Extras

  • Knowledge/experience in Retirement/Fintech/related fields (Emergency Savings, Student Debt Repayment, Lifetime Income, Health Savings Accounts, etc.)

  • SQL experience

The expected salary range for this position is $125K - $150K with a bonus variable. Please note that salary bands are based on NY and other similar metro areas and may differ based on where the role is ultimately hired.

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Our Benefits

We’re a growth stage startup with lots of exciting milestones ahead. We value health and wellness at Vestwell and in addition to a dedicated Employee Wellbeing Committee, we offer competitive health coverage and an open vacation policy. We have adopted a remote-hybrid office policy, but all employees are welcome at our bright, comfortable office with many workspace options in midtown Manhattan so everyone has a setting that is the most productive for them. We provide our team with all the equipment they need (plus a few perks!) to work effectively remotely. Oh, and naturally we have a great 401(k) plan!